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India Said to Plan $81 Billion of Infrastructure Asset Sales

  • Sale of road, rail assets, airports, power lines on cards
  • Asset sales are key to narrowing the nation’s budget deficit
A national highway in Bangalore.

A national highway in Bangalore.

Photographer: Manjunath Kiran/AFP/Getty Images

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India plans to raise 6 trillion rupees ($81 billion) from selling state-owned infrastructure assets over next four years to help bolster the government’s finances and plug its budget deficit, according to people familiar with the matter.

The plan will include sale of road and railway assets, airports, power transmission lines and gas pipelines, said the people who asked not to be identified as they aren’t authorized to share the details. Finance Minister Nirmala Sitharaman is scheduled to make the road-map public at 5 p.m. Monday.